Gemstar-TV Guide settles shareholder, derivative suits

ChelseaBellows

SAN FRANCISCO (CBS.MW) -- Gemstar-TV Guide International Inc.
gmst
said Monday after the bell that it has settled the following lawsuits: State of New Jersey, Department of the Treasury, Division of Investment vs. Gemstar-TV Guide; Silvertree Capital LLC vs. Gemstar-TV Guide; and four consolidated shareholder derivative lawsuits in which GemStar-TV Guide, certain directors and executive officers, and others were sued in Priebe vs. Boylan and Brad Knowles vs. Henry C. Yuen. GemStar-TV Guide did not disclose the settlement amounts.

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